Jim Cramer's 'Stop Trading!': Take Some Profits in Coal Stocks

Stock quotes in this article: BNI , TRN , WAB , GBX  

Take some agriculture and coal off the table, Jim Cramer said on CNBC's "Stop Trading!" segment Friday.

"Fast Money" trader Guy Adami joined Cramer to discuss developments in the coal and agriculture industries. Adami advised investors to jump on Burlington Northern Santa Fe (BNI Quote) at around $85. He also said he likes Trinity (TRN Quote), Wabtec (WAB Quote) and Greenbrier (GBX Quote).

Cramer called Trinity "the quintessential late-cycle stock." He said he likes the coal story, but counseled viewers to take a little off the table. The same holds true for agriculture plays, he added. Cramer said he approved of Goldman Sachs' assessment of the coal industry. The bank downgraded four coal firms to sell today.

Cramer said of Roomba floor-cleaning robot-maker iRobot (IRBT Quote), "That's not for me. I downgraded the stock."

On the broader economy, Cramer lamented Federal Reserve Chairman Ben Bernanke's hesitation to further cut the fed funds target rate. "Things have deteriorated again. I expected another interim cut," he said.

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At the time of publication, Cramer was long Goldman Sachs.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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